Do only 50% bet 20$ every time if it fails do 60$ it fails do 150$ if it fails do 350$ if it fails do 900$ if it fails do 2300$
There is no way you will fail 7 times and if you do just increase the bet and you will get it back eventually even if you wait 12 times.
what you think on my method?
Congratulations. You are one more of the naive people in this section who think they have found a method to beat the casino.
The other colleagues have told you in a more refined way but I'm going to tell you more clearly: the "system" you have found is a fucking shit that only serves to lose money.
if you try to win $20 (cause that's all you'll win) for 2048 times, on average you'll lose $40k of your $50k bankroll...
This sums it all up. If losing $40k to make $20 sounds like a good system to you, that's up to you. Because it doesn't matter how much we explain it. That martingale and its variants are systems that inevitably lead you to lose money has been explained ad nauseam, and yet we see people on this forum believing in such "strategies".
If you have 50k budget to bet there is no way you get 20 red in a rows. i think can make bank with this mehtod if you have good budget.
at least for short term you must be extremly unlucky to to fail with it. Or have casino games rigged.
A great plan, risk $50k to win an amount 650 times less, or $20.
Now you have the information. You're on your own.